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The Unemployment Crisis in Australia : Which Way Out? - Stephen Bell

The Unemployment Crisis in Australia

Which Way Out?

By: Stephen Bell (Editor)

Hardcover Published: 20th July 2000
ISBN: 9780521643504
Number Of Pages: 326

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Since the 1970s the average level of unemployment in Australia has risen each decade. This has imposed huge economic, social and human costs, making unemployment one of the most pressing problems confronting Australia. Governments, however, seem powerless in the face of this problem. Drawing on the expertise of some of Australia's leading economists, this book argues that the currently fashionable approaches of wage cuts and further steps towards labour market flexibility will not solve the unemployment problem. In reality, unemployment and rising inequality are symptoms of the growing failure of contemporary labour markets to distribute jobs and incomes effectively. The contributors argue that the main solution to this problem is not wage cuts but jobs growth. This important book points to a way beyond the current policy malaise and offers detailed solutions to unemployment.

Introduction: The unemployment crisis and economic policy
The dimensions and costs of unemployment in Australia
The causes of unemployment
Are wage cuts the answer?
Labour market outcomes in the UK, NZ, Australia and the US
Is growth the answer?
Can Keynesian policies stimulate growth in output and employment?
Economic speed limits on growth II
Economic speed limits to growth
The public sector as a job engine
What role for labour market programs?
Unemployment, inequality and the political economy of redistribution
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521643504
ISBN-10: 0521643503
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 326
Published: 20th July 2000
Country of Publication: GB
Dimensions (cm): 23.11 x 15.49  x 2.29
Weight (kg): 0.6

Earn 444 Qantas Points
on this Book